Ahmadian Appointed Heliospectra CEO

Ahmadian joined Heliospectra as chief commercial officer last year and will assume the position of CEO in February. Hillberg has decided to focus on real-estate investment and intends to stay on with Heliospectra as an advisor.

"As Heliospectra is entering a new phase with continued strong growth and focus on operations, it feels natural to evolve the management,” said Andreas Gunnarsson, chairman of the board of Heliospectra. “Ali Ahmadian is the best choice from a deep pool of interested and highly qualified candidates. He has in earlier positions demonstrated a strong international commercial acumen combined with the ability to create winning teams. On top of this, we are also pleased to be able to retain Staffan Hillberg, current CEO, as advisor regarding capital markets and investor relations."

"It is an honor to be appointed Chief Executive Officer of Heliospectra,” Ahmadian said. “The company has developed world class technology and intellectual property in agriculture industry that are bringing significant return on investment and operating benefits to growers and research institutes around the world. I am grateful to the company's board of directors for the opportunity to lead this extraordinary organization of creative, talented and committed professionals. It is also a privilege to have Mr. Hillberg as an advisor to the company and have access to his extensive experience within the industry."

Heliospectra is a developer of intelligent horticultural lighting technology.